Reason Emefiele doesn’t need to inform finance minister before changing naira notes – Moghalu
Kingsley Moghalu, a one time deputy governor of the Central Bank of Nigeria (CBN), has shown his support for the bank’s decision to redesign some of the country’s currency notes. Informaion Guide Nigeria
He also said the bank does not need the permission of the finance ministry or any other agency of government before making such a decision. PREMIUM TIMES reports.
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He made the statement in an interview with Channels Television yesterday.
The CBN Governor, Godwin Emefiele, on Wednesday, said the bank arrived at the decision to redesign N100, N200, N500 and N1000 denominations, following a request from the federal government.
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